Journal Entry Question - Cash Drawings

Complete the journal entry for the following:


Business experienced a withdrawal of cash by the owner.

Comments for Journal Entry Question - Cash Drawings

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Accounting
by: Anonymous

Issued cheque to telecom for:
business telephone account $570
owners telephone account $240

Effects of drawings
by: Amon

What are the effects of drawing money from the business for personal use?

entry
by: Anonymous

drawing dr
to cash cr

soln
by: Anonymous

Drawing A/c dr.
To Cash.

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